May was a big month for $CLSH >>> - Retail subs
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Posted On: 06/21/2021 10:07:19 AM
May was a big month for $CLSH >>>
- Retail subsidiary, Oasis Cannabis, achieved a 59.41% increase in monthly net revenue year-over-year, alongside a 59.9% increase in the number of transactions processed. Gross margin for the dispensary was 50.4%
- Branded wholesale division, City Trees, recorded a 231.6% increase in year-over-year net revenue and a gross margin of 61.5%
- Combined revenue for both divisions increased by 87.% over May 2020, and by 91.8% over May 2019
- Began production of City Trees products in New Mexico through its partnership with local producer, Herbal Edibles
- Company presented at the Canaccord Genuity 2021 Virtual Cannabis conference
- Company announced its availability for trading on Canadian investment management platform, WealthSimple
https://www.clsholdingsinc.com/news-media/pre...-over-year
- Retail subsidiary, Oasis Cannabis, achieved a 59.41% increase in monthly net revenue year-over-year, alongside a 59.9% increase in the number of transactions processed. Gross margin for the dispensary was 50.4%
- Branded wholesale division, City Trees, recorded a 231.6% increase in year-over-year net revenue and a gross margin of 61.5%
- Combined revenue for both divisions increased by 87.% over May 2020, and by 91.8% over May 2019
- Began production of City Trees products in New Mexico through its partnership with local producer, Herbal Edibles
- Company presented at the Canaccord Genuity 2021 Virtual Cannabis conference
- Company announced its availability for trading on Canadian investment management platform, WealthSimple
https://www.clsholdingsinc.com/news-media/pre...-over-year
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